The Statutory Brief

IT Act 1961 → 2025 / Section 208 / 211

Interest

Section 208 / 211 → Section 404

Advance tax: who must pay and the instalment due dates

Section 208 / 211 of the old Income-tax Act, 1961 · new section 404 under the Income-tax Act, 2025

New reference Section 404 (liability), 408 (instalments); 207–211 → 403–408

Income-tax Act, 1961Section 208 / 211

  • Payable if tax for the year is ₹10,000 or more
  • Instalments: 15% by 15 June, 45% by 15 Sept, 75% by 15 Dec, 100% by 15 March
  • Presumptive taxpayers: 100% by 15 March
  • Resident seniors without business income exempt

Applies to FY 2025-26 (AY 2026-27) and earlier years.

Income-tax Act, 2025Section 404 (liability), 408 (instalments); 207–211 → 403–408

  • Threshold ₹10,000: section 404
  • Same instalment schedule in a table: section 408(1)
  • Presumptive taxpayers under section 58: whole amount by 15 March (408(2))
  • Liability and computation: sections 403 and 405

Applies from tax year 2026-27 (from 1 April 2026).

What changed

Renumbered; thresholds and dates unchanged.

Practice notes

  • Interest for shortfall/deferment: sections 424 and 425 (old 234B, 234C).

These are summaries, not the statutory text. Read the bare Act for both sections on the Income Tax Department's official site, which also has a side-by-side comparison utility.

Frequently asked

What are the advance tax due dates under the new Income Tax Act 2025?

Section 408: 15% by 15 June, 45% by 15 September, 75% by 15 December and 100% by 15 March; presumptive taxpayers pay in one instalment by 15 March.

What is section 208 / 211 called in the new Income-tax Act, 2025?

Section 208 / 211 of the Income-tax Act, 1961 corresponds to Section 404 (liability), 408 (instalments); 207–211 → 403–408 of the Income-tax Act, 2025, which applies from 1 April 2026 (tax year 2026-27).

What changed in section 208 / 211 under the new Income Tax Act?

Renumbered; thresholds and dates unchanged.

Is section 208 / 211 still applicable for FY 2025-26?

Yes. Income of FY 2025-26 (AY 2026-27) and earlier years is governed by section 208 / 211 of the 1961 Act. Section 404 (liability), 408 (instalments); 207–211 → 403–408 of the 2025 Act applies from tax year 2026-27.

Related sections

234B→424Interest for default in payment of advance tax234C→425Interest for deferment of advance tax instalments44AD→58Presumptive taxation for small businesses and professionals